InterDigital reports second quarter earnings

(AP) – InterDigital Inc. (IDCC) on Thursday reported second-quarter earnings of $10.7 million.

On a per-share basis, the Wilmington, Delaware-based company said it had net income of 30 cents.

The wireless research and development company posted revenue of $69.6 million in the period.

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InterDigital shares have risen 7 percent since the beginning of the year. The stock has risen 13 percent in the last 12 months.

– Digital Partners -